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WHUT
Nov 8, 2012 9:00am EST
the president has done with the economy, it is very far reaching, just across the country women have access to capital to start small business, let's not forget his very, very first bill that he signed in to law was lily ledbetter fair pay act. it's a tremendous accomplishment. i think that shows his devotion and his commitment to women. >> first thing you have to ask is, what are women concerned about today, it's jobs, job security, opportunities for themselves and for their loved ones and in particular for their kidss there a brighter future. this is mitt romney's message to women to all americans. is that he is going to put in to place economic policies that will create growth which will create the jobs, be the energy to small businesses start growing again. >> we asked the experts whether reproductive rights is a decisive issue for women voters this year. >> it is for the barack obama campaign. they think that's the way they're going to keep their women. suggest that women would vote about who's going to pay for their contraception, that is more of an issue than are my loved
WETA
Nov 8, 2012 6:30pm EST
washington-- if the u.s. goes over the fiscal cliff, it would push the economy into a recession. and late today, a top credit rating agency puts the odds of going off the cliff at 15%. plus, how g.o.p. economic policies could change as election day demographics change. that and more tonight on nbr! the u.s. economy would be driven into recession next year if the fiscal cliff is not solved in time. that's the warning again today from the congressional budget office. and the standard and poor's ratings agency said there's an increasing chance we will go over that cliff of tax increases and spending cuts. it puts the odds at 15%. still, s&p is optimistic about a solution, saying "the most likely scenario, in our view, is that policymakers reach sufficient political compromise in time to avoid most, if not all, potential economic effects of the cliff." both s&p and the congressional budget office warned unemployment would go over 9% by the end of next year if the cliff is triggered. those s&p comments hit the market in the last 30 minutes of trading, extending yesterday's sharp losses. the do
CNBC
Nov 7, 2012 7:00pm EST
been struggling with a falling, deteriorating global economy. it's been struggling with deteriorating earnings from corporate america and the fiscal cliff. so if you look at what the market did today it's all the obama themes that dominated the activity. the banks, the coal, the health care stocks, defense stocks got killed. and so you cannot say that this market today had nothing to do with obama's re-election, but you can say this market already had some issues and these issues are going to continue for some period of time. >> all right. henry blodget, you're our obama man. and by the way, i don't want to make any conclusions because i think sometimes, henry, people on wall street kind of jump to conclusions. there may be deals. who knows what's going to happen? but i do want to ask you, as you saw this thing collapse today, i know there was some talk about europe and maybe germany's economy. but there's nothing new about that. do you think this was a political reaction in the market to last night's election? >> i think it's a combination of things. i think that's certainly part of
FOX Business
Nov 7, 2012 9:00pm EST
congress the same problems. the fiscal cliff that pushes our economy into another recession. the lower economy and higher taxes a bad cocktail. , promised a new era but that reminds me of groundhog's day. it is great to have my guess here. the perfect do well to talk monday morning quarterback. yourself awful the president today actually calling on boehner and harry reid to say we have to come together. we could have seen more of that from the first administrations that he is doing it now. what are the odds they get together? >> everyboby hopes they are high but you want to avoid the high stakes game of chicken and during the lame duck session. that could have been. but his willingness to meet with mitt romney and boehner to resolve the situation. but if you heard voters press conference he sounds like he is the same position under no circumstances will taxes ever be raised. gerr he sad the reelection of the president is not a mandate to ise taxes. this is a huge debate. can hey come together? >> i elieve we can seize the futre together. we're not as divided as our politics sugge
CNBC
Nov 8, 2012 4:00am EST
to to focus organization fundamentally change the structure of the economy, but this is has consumption fall as a share of gdp. >> exactly. and this is not a new issue. so we can't expect that just a new bunch of people come in, that the situation will change anytime soon. there are serious structural issues why china remains investment led rather than consumption led and the it would take big and far reaching policy reform to change that. >> will we see these reforms in light of the reports coming out of china as we mentioned with eunice just a few moments ago that perhaps we're not necessarily seeing as a reformist of a leadership for the next couple of years? >> yes, we don't really know what the new leadership is. in fact, for the last ten year, hu jintao was the leader, but the previous leader was in the background and he retained a lot of influence. and now the new leader will have not just hu jintao to deal with, but also his predecessor. so two who he'll have to deal with. 20 old people who used to be on the bureau, all of which will be exercising some influence. so
FOX Business
Nov 8, 2012 4:00pm EST
you? >> we haven't built the evaluation model. it is our belief that recently as the economy begins to level of a lot of procedures that haven't happened that would have been delayed will have a whole lot more coming into the market. so near-term, uncertainty is a little bit of a concern but longer-term with demographics we think it is an excellent way and we invest longer than the end of the year. it is that three to five your time period and when you have a situation where stocks are found but macro headlines make investors run for the exit for temporary period we find that to be a great buying opportunity. liz: good to see you both. thank you. call it a change of heart. former governor tim pawlenty have gone from bashing banks to working for them as the ceo of financial services round table. why the change of heart? the second president obama term. tim pawlenty joining us exclusively. dave: america voted for the status quo on capitol hill but did one party actually gain the upper hand. live in washington with a story that could surprise you. liz: one wire co. facing a lawsuit for ov
WETA
Nov 8, 2012 6:00pm EST
running the world's second- biggest economy. modern leaders paying homage to pass commonness, mouse at all -- mao tse tung included. >> we must crack down on corruption at all times and thoroughly investigate cases of major corruption. anyone who breaks the law, whoever they are, must be brought to justice without mercy. gregg's the successor, the current vice president, was chosen by party leaders five years ago in a process of back room deals and compromises. he will be installed as the new general secretary next week. outside, china looks increasingly modern. there is a widespread sense that growth is slipping and what is needed now is more reform. but a fear that the party may not be able to relax the market still has on part of the economy or submit itself to more checks and balances. >> the pressure for real reforms is building in chinese society. the last 10 years were a lost decade. >> instead, the communist party has tightened its hold and become more intolerant of those who question its right to will. this way, a taxi drivers have been told to remove their handles so no one c
FOX Business
Nov 8, 2012 6:00pm EST
not, but you know what i mean, would they be saying about the expectations for the economy in what they plan to do over the next quarter, two quarters. >> it is an interesting point, and certainly one in following what andy said, ceos take a longer-term view of business cycles. one of the things that we do at the business roundtable is survey them every quarter, and resurvey them on three importance components. what did they do, they're likely head of sales, increase, decrease cost data same. are they going to employ more people, less people, the same. what did they believe their sales and capital expenditure will be. the last quarterly survey that we did which was back in september was one of the highest in terms of the level of uncertainty, the level of uncertainty was very worrisome. gerri: finally, that's my question. so many ceos have written letters, formed organizations. they have been in newspapers begging, really, for some kind of attention to the economy, to grow jobs, to reduce costs and regulation. now we find out, now we know that barack obama will be president for ano
FOX Business
Nov 8, 2012 12:00am EST
sure the economy doesn't fly over the edge, please. >>> price-gouging runs rampant in the wake of superstorm sandy from gas to generators to bread, new york attorney general eric schnderman says he has heard enough and he is here in another fox business exclusive to explain just how he is cracking down. even when they say it is not, it is always about money. melissa: first let's take a look at the day's market headlines of the bears went on a campaign after last night's election. stocks posted their wor day of the year with investors spooked er fiscal cliff fears as well as renewed concerns over europe's debt crisis. that didn't go away by the way. the dow plunged 312 points, closing below 13,for the first time since september 4th. bank of america led losses for the dow diving more than 7%. shares of jpmorgan also fell more than 5%. one of the few bright spots on the day, hospital stocks, shares of industry giant, hca holdings rallied more than 9%. the only place to hide today. >>> our top story tonight, the markets got hammered today. the dow closed down 312 points. that wasn't e
CNN
Nov 8, 2012 3:00am EST
had first terms and successful economies for the second terms. are you hoping you are going to get the kind of economic security if not prosperity in this term that will allow you to do the thing that is barack obama when you sailed in on hope and change hoped he could do? >> piers i do believe the economy is in proving. one of the reasons the economy is improving is that it was brave. it was not a popular decision at the time. it was brave to move forward on the recovery act. without that, we would have slid into a second great depression. it was brave to stand up the financial industry when it was on collapse. because he understand that we needed to move the economy forward. and now we are reaping the benefits of that. i believe that gives us a chance to move forward on a series of fronts and further strengthen our economy. we are not losing 800,000 jobs a month anymore. we are gaining them. and that foundation that has been laid it is a foundation on which we can build progress. >> one is i understand that the first person that the president called after knowing that he won was
PBS
Nov 7, 2012 5:30pm PST
"newshour." major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contribuionto yr ps stion om viewers like you. thank you. >> woodruff: for the first time in four years, president obama did not have to worry about re-election today. still, there was little time to savor tuesday's victory, in the face of a potential fiscal crisis at the end of the year. "newshour" correspondent kwame holman begins our coverage on this day after the election of 2012. >> reporter: mr. obama departed his hometown of chicago this afternoon for washington, his home for another four years. waiting for him: a still- divided congress now facing a critical lame duck session. the president made it clear in his victory speech last night that he thinks the country wants an end to gridlock. >> tonight, you voted for action, not politics as usual. ( applause ) you elected us to focus
PBS
Nov 7, 2012 6:30pm PST
as a bi-product of growing our economy, energized by a simpler cleaner fairer tax code with fewer loopholes and lower rates for all. >> reporter: democratic senate leader harry reid also says he wants a quick fix for the fiscal cliff. but, he was clearly feeling empowered by a strong showing in the election. >> i want to work together, but i want everyone to understand you can't push us around. >> reporter: and raising taxes on the well-off is clearly a top priority. >> all the exit polling, all the polling we've done, the vast majority of the american people support that, including rich people. >> reporter: many republicans see the election as more of a return to the status quo and that will make negotiations on the fiscal cliff tricky. >> the discussion around taxes will have to be calibrated in a way that recognizes that there are certain red lines for both parties that probably will not be crossed. >> reporter: now that the election is over, policy makers are likely to feel more pressure to reach an agreement to ease the fiscal cliff. the public clearly does not like the autom
LINKTV
Nov 8, 2012 11:30am PST
the economy are also a source of danger. hoping to avoid a agedy, geographer patty mothes maps and monitors several volcanoes for ecuador's geophysica institute,nclu tunguhua. she is looking for any changes that might signal an eruption. moes and onofhese ways thate hat is to put a prism that's highly reflective, or a number of prisms up on the flanks of the volcano, and then, shooting with this very high-powered laser beam... narrator: the beams reflect off the prisms and back to patty's measuring device. it canetsubthanges in t shapef the mountain, changes that may forecast an eruption and save lives. their concern is based on history. inside a church, a mural recalls a deadly eruption in 1773. it happened again in 1886 and 1918. so why do people live in such a dangerous place? some people simply cannot afford to move, due to limited economic means. re, elshere,sinesses decisions to le near dangerils on attachnte balanced agast the eived risks. but perceptions often tinged . no es peligroso, no... translator: , it'sot going to be ngerous for baños butwhen the tungurahuatinged .
CSPAN
Nov 8, 2012 6:00am EST
economy to go over the cliff. and i think if nothing is done the economy will go over a cliff. who gets blamed lex they blame the republicans now. the democrats won the election. the voters are not always rational. the way they hand out blame. there's a lot of speculation going on right now at leadership levels in both houses and both parties, with the white house briefing a huge sigh of relief that the polls were all right, but now we are stuck with this for four more years. how do we deal with this? i don't think anybody knows how the lame-duck is really going to work, other than, you know, will be a continuing resolution. will be a kick the can down the road kind of resolution. the question is how many things will be added to the train as it's moving through and what shape will it be, and that's great uncertainty. >> congressman gephardt, as senator bennet just like that, this could get pretty messy even if they come up with some solution that involves duct tape and kleenex but it could get ugly before it is resolved. and doesn't that affect the leverage here for the president?
ABC
Nov 7, 2012 5:30pm PST
. >> if mitt romney cannot win in this economy, then the tipping point has been reached. >> reporter: on the president's "to do" list, economic growth and jobs. immigration reform. and the top priority, those tax cuts set to expire come midnight new year's eve. but whatever difficulties might lie ahead, the president seized his moment early this morning, staking his claim in history with a nod of the lofty rhetoric of his convention speech eight years ago. and his hopes for what might be. >> i believe we can seize this future together, because we are not as divided as our politics suggest. and we remain more than a collection of red states and blue states. we are and forever will be the united states of america. >> reporter: and in that vein, diane, president obama reached out to the house and senate republican leadership, they also pledged to work together to solve this nation's problems. of course, the challenge is turning that rhetoric into reality. diane? >> and we have more on that in a moment. thank you so much, jake. >>> but what about governor romney? after so many years, such a
CNN
Nov 7, 2012 9:00pm PST
first term. there are parallels to reagan and clinton who had first terms and successful economies for the second terms. that emboldened them to be braver than they might have been. are you hoping you are going to get the kind of economic security if not prosperity in this term that will allow you to do, perhaps, the things that barack obama when he sailed in on hope and change hoped he could do? >> well, piers, i do believe the economy is improving. but i want to challenge a bit of your premise, one of the reasons the economy is improving is because this president was brave. it was brave to intervene and save the auto industry, which was not a popular decision at the time. it was brave to move forward on the recovery act. which again was not popular at the time. without that, we would have slid into a second great depression. it was brave to stand up the financial industry when it was on collapse. even though that was an unpopular thing to do. because he understand that we needed to move the economy forward. and now we are reaping the benefits of that bravery and good decisions becaus
FOX Business
Nov 8, 2012 5:00pm EST
soon to tell if they can finally come together to revive the economy. we'll get insight from our panel of business chiefs. sure there may be a few things getting you down. i mean, you know, there is the fiscal cliff looming, political gridlock is running rampant but we've got four ways to keep your pockets flush with cash regardless what's ahead. more "money" coming up, we promise. ♪ ♪ . melissa: so only been two days since the election but executives and ceos are already reaching out to the administration agreeing with president obama's message, it is time to work together to rebuild our economy. sure. except what can you really do now that hasn't been tried already? businesses have to deal with the very real possibility of higher taxes and expenses and the president has to make it easier to do business here in the u.s., right? all right. we have assembled a panel to sort through all this. ed kinard, former bain capital managing director. the author of, unintended consequences. it is right there. clinton greenleaf, founder of greenleaf book group. thanks for coming back. we
CNBC
Nov 8, 2012 3:00pm EST
another four years. everyone is going to play nice if we want the economy to grow. >> what about dividend payers? these companies are getting crushed as people speculate where dividend taxes go. jim, are you a buyer? you want to stay away? what do you want to do with dividend payers? >> until i get some clarity on the fiscal cliff, i would probably stay away from anything that would be a tax-related issue. the dividend payers would be high on the list. as far as what to do, i would agree with joe. gold was the story before the election. the argument was we were electing a president and a monetary policy. we elected the president that's going to continue the easy monetary policy. gold has been one of the few things that's been working through the election. i suspect it will continue to. >> all right. jeff, in the energy complex itself, what's the best opportunity right now? is it crude? is it heating oil? is it natural gas? what are you looking at? >> if you're a weather player, you certainly want to buy the heating oil. the way we've seen the last couple of days here, the weather has been
PBS
Nov 7, 2012 5:00pm PST
the world's second-largest economy. he'll look ahead to the coming years and talk about the challenges chinese face. the communist party congress runs for seven days, then hu and other top officials will hand power to another group of new leaders. we'll get back to the story a little later. >>> cradle of culture. economic powerhouse. many enjoy the fruits of prosperity along the path to a new china, but millions are missing out. at a time of growing public discontent, members of the communist party are choosing their new leaders. "newsline" correspondents will report from the party's national congress. don't miss our special coverage, "china: the next generation" starting thursday, november 8th at 8:00 p.m. japan time, here on "newsline." >>> china is the world's second biggest economy and party members were watching what happened in the first. ramin mellegard joins us from the business desk. we saw many americans celebrating the re-election of president obama but it seems the mood was different on wall street. >> it really was. we're seeing the reactions following the elect
WHUT
Nov 8, 2012 7:30am EST
largest economy. now it's the second largest. >> reporter: we asked nhk world's -- >> reporter: china has faced diplomatic and domestic challenges over the last decade under president hu jintao's leadership. >> reporter: hu promoted what he called the concept of scientific development. the policy aims to create a harr mounce society. the process required slower growth. the hu administration abolished a tax farmers had to pay based on the size of harvests. it was part of the president's effort to narrow the economic gap between urban and rural areas. hu also worked toward a sweeping consolidation of coal mines and chemical plants, which resulted in a reduction in pollution. but the president hasn't been able to control china's income disparity or corruption among its bureaucrats, and so, public anger with the government is simmering. migrant workers in cities and students looking for work are among those who are upset. >> translator: it's so difficult to find a job. >> reporter: hu also faced dissatisfaction ethnic minorities have with the government. the riots in 2008 and 2009. on the
PBS
Nov 7, 2012 4:00pm PST
has another chance to get the economy back on track. ?an he do it chairma >> when you see things that are happening on the economic front and the last couple months, that is a good sign. >> if you think obama is on the right track? >> yes. >> how to deal with a country so undivided. the wealth gap is clear. so is the ideological divide. the president has to work with a split congress. in the senate they strengthen the narrow majority. in the lower house, republicans still have solid control. spending is where the first battle looms. legally government spending could be cut automatically by six under $20 million. >> we are ready to be led, not as democrats or republicans, but as americans theory of we want you to leave, not as -- but as americans. we want you to lead as president of the united states of america. >> some will not back down. no deal, and the resulting debt crisis will stall economic recovery. >> it is no surprise he called for economic unity. trust in the government is at an all-time low. the political camps are digging their heels in like never before. this has to
FOX Business
Nov 8, 2012 11:00am EST
private sector is still on a capital strike. if barack obama wants strong growth in the u.s. economy, he's going to have to extend his hand to the private interests that he vilified so much of the last two years to get reelected. dagen: more spending temecula of the federal reserve sitting ready and waiting make in our money and spend it. >> federal spending for the last 25 years has been to a percentage gdp. brock obama wanted to be for 23 percent of about 24%. the only way you can afford to do that if he extracts revenue out of the private sector. there is a real dilemma at the center of what he wants to do, and that is why i think we will be looking at gridlock for a little while. connell: okay. dagen: as always, be well. connell: we talked about the dow today being down a little bit, but nothing like yesterday. traders are calling it an obama sell-off, but the thing is, the polls consistently showing the president and the lead going into the election. why wasn't all that price did? brian jacobson. what do you think? >> i think it was partially priced in. it was basically a dead h
NBC
Nov 7, 2012 5:00pm PST
dollars worth of cuts. and two, a tax increase. many analysts say this could plunge our economy back into a recession and lead to a sell-off in the stock market because of investors losing confidence in our government's ability to balance the budget. now the worry on this has already started, adding to the fiscal cliff concerns. europe's economy is struggling again. and here at home, apple continues to tumble. all of this leading to a 300-point drop in the dow, and a 2.5% fall on the nasdaq. cupertino-based apple down more than $22. it is now trading at a five-month low. if there is a silver lining to any of today's numbers, it's that the price of oil continues to fall. it's now at its lowest level since the summer because as the european economy suffers, the expectation is that less oil will be used there. we'll see if that comes back to affect our gas prices across the pond in the weeks to come. janelle? >> that would be welcome relief at the pump. thank you so much, scott. >>> it was one of the ugliest local battles in recent history. the seat for one san jose city council district, wh
KCSMMHZ
Nov 8, 2012 6:00am PST
. it was the world's sixth largest economy. and now it's the second largest. and yet, while this nation's ranks of billionaires and millionaires have ballooned, millions still live on about a dollar a day. we asked nhk world's itch taca yamaka to take a look at president hu's accomplishments and the challenges facing the next generation. >> reporter: china has faced many domestic and diplomatic challenges over the past decade under president hu jintao's leadership. >> reporter: hu promoted what he called the concept of scientific development. the policy aims to create a harmon society, even if the process required slower growth. the hu administration abolished a two-year-old tax farmers had to pay based on the size of harvests. it was part of the president's effort to narrow the economic gap between urban and rural areas. hu also worked toward a sweeping consolidation of coal mines and chemical plants, which resulted in a reduction in pollution. but the president hasn't been able to control china's income disparity or corruption among its bureaucrats, and so public anger with the
FOX News
Nov 8, 2012 4:00am EST
the president who wants the federal government to drive the economy. the campaign unfolded slowly as most persons did not know romney. and with all the high tech gizmos these days, it's difficult to get the attention of the folks. so i knew very early that the polling was insignificant and the debates would be the real test. as i said, these polls are interesting but they are not vital because of the debates, the three debates i think really going to the tale. >> i told you earlier this year when you said debates are going to be all important. i said the history shows they are not. >> bill: i'm so happy that you brought that up. can i just -- can i paraphrase barack obama? in the last debate? can i do that? >> of course. >> bill: can you say that a bit louder, brit? that's why i like hume, is he an honest man. as we all know the first debate was a major victory for governor romney. instantly made him competitive. but he did not exactly seize the day. his campaign played it conservative managing romney's appearances tightly scripting his media response. then in the third debate, the g
SFGTV2
Nov 7, 2012 4:30pm PST
and at the same time we're creating jobs and we're making sure our economy is boosting at the same time. we've been very successful at creating conditions to make sure that our investors and our entrepreneurs in this city maintain their investor confidence, allowing them to innovate, to grow and to create jobs. and whether they are a neighborhood or a small business or an international clean tech company or new technology company, they've got investor confidence in our city. we're also creating investor confidence because we have in working closely with our controller and all the other financial organizations of our city and all of our departments, we're now on a more financially stable responsible path. we've done our pension reform, it's not 100 percent, we've gt a big chunk of it down and we're going to continue doing the smart things to make sure that pension is solid. and we've got structural reforms in our budget as well. we passed our first two-year budget. that's a wonderful accomplishment, one that i'm interested in to continue it make sure we plan for the long-term. and w
CSPAN
Nov 7, 2012 8:00pm EST
. a massive debt that is smothering growth and exceeding the entire size of our economy. there will be many who will say that we should confront the first of these challenges by letting the tax rates expire and pushing the sequester off to some other day. there would have disengage in the same short-term temporary policies that has helped put us into this fix. let's have more of the same. let's agree to a drive our economy off part of the fiscal cliff instead of driving it off the whole fiscal cliff and we will call it a day. that might get us out of town but it will not get us out of the problem. and it will hurt our economy. we cannot keep going on like that. we cannot keep setting the bar that low. it is time that we raise the bar. the american people did not give us a mandate to do the simple thing. they elected us to lead. they gave us a mandate to work together to do the best for our country. we know what the best thing is, an agreement that sends the signal to our economy and to the world that after years of hunting on the fiscal challenges we face, -- punting the fiscal challen
FOX Business
Nov 8, 2012 9:20am EST
storm, more power outages, more destruction. this will hurt the whole nation's economy. "varney and company" about to begin. rs day of work. and his new boss ld him twongs -- cook what you love, and save your money. joe doesn't know it yet, but he'll wk his way up from busseto waiter to chef before opening a restaurant specializing in fish and me from the great northwest. he'll start investing early, he'll find some good people to help guide him, nd he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from ameritrade. stuart: two days after the election the fighting is starting on capitol hill. all about the fiscal cliff, the national debt and taxing the rich. no matter which way you look at it a tax increase looks almost certain and soon. here is senator harry reid. >> people making all this money have to contribute a little bit more. all the polling we have done, the vast majority of the american people support that, including rich people. stuart: the president and harry reid have more clout after the election and they a
FOX
Nov 7, 2012 11:00pm EST
remains. why the clock is icking for america's economy.. 3 republicans maintain cootrol of the u-s house afterr pesterday'sseleetion.democrats control the senatee..and of it's been that way forrtwo yeaa. years. but ... the politicians... inability... to... agree on ...things like... the ...federal budget .../ or... how to control the debt, ../ may... be... just the start... of griilock... with... &pstraaght ahead. ahead. the cliif we are talking about looms so large -- seasoned economists don't want to dwell economy in the first year.--- - [peterrmorici sound]in 36:38 "thh president and congress are going to be very busy from november 15th till around christmas to resolve these issues."trt=:07a blow to the economy that could reel america back into the grips of a deep recession.[take graphic called "fiscalcliif" eric's shaae folder]the lifffincludes reductions tt defeese, expiration of bush era tax cuts, the end of the payyoll &ptax holiday, extended reimbursemmnt cuts to doctors. perraas with [pllase layer in &pcuts to doctors.reimbuussment in $3,500 perhaps with an yer - arrow poi
SFGTV2
Nov 8, 2012 12:30pm PST
economy. so, you're right. it's important when you try to use this data to understand exactly what's in it, it's very gross measure. more importantly for us, we're sort of following the trend up or down. >> along those same lines, you start going into different professions and job descriptions and you do per capita income. again, it's important to know if someone is, you know, a single employer because oftentimes some of the lower paying jobs will be the fact that you may be getting the data from one of these jobs, not the multiple jobs that are -- because of the nature of the work it lends itself to having different employers. another thing i came up with here was the transportation piece. and i saw a huge number rider ship on the san bruno lines and historically the geary line was always the heaviest and the judah line for the light rail which remained real heavy, but i'm sort of surprised why the san bruno lines were as heavy as they are and that might be something we really want to look at for the future to see if there's anyway -- i know we'll have the central subway, but that won'
FOX News
Nov 7, 2012 11:00pm PST
real change. get the economy back in line. get america back on the feet. >> greg: andy levy said something to me. we were at a bar drinking, 25% of the population that wants free stuff. another 25% that wants to give them free stuff. that is 50%. conservatives have to come up with a message that fights the idea of free stuff. that says that free will and free country cannot exist if you are dependent on the government for free stuff. >> bob: don't make it that simplistic. >> greg: democrats do. >> bob: it includes people on social security and medicare. you to deal with that. it's not people asking for handout. they put money away, expecting they were going to get it back. this is not an entitlement -- >> greg: how did that work out? >> bob: the reality is they still get it. we have to borrow and pay it. >> eric: will there be more or less people on food stamps four years from now? >> bob: far fewer. >> eric: that's not been the course. >> bob: the economy will change -- >> kimberly: i hope you are right. >> dana: in listening to president obama's speech last night and talking ab
FOX News
Nov 8, 2012 1:00pm PST
outrun the global slow down, a economy with 33,000 stores, 400,000 employees in 100 countries and they are the global economy. they are a reflection of what goes on around the world. 40 percent is in europe but a huge percentage is in the united states, and what they are telling us, the global slow down is real and they are telling us what americans are seeing every day, revenues are declining but the expenses are rising, and the spents are rising faster. the fiscal cliff is only going to make the situation worse. today, wall street woke up, literally they woke up yesterday after the election and said look what is ahead. look what we have to deal with. it is the repricing of risk that is going on. it is good to have the wake-up call and to be mindful of what is on horizon. only then can we deal with it. >>neil: the republicans and democrats are trying to size the other guy up and there is not a lot of final for that. we have sized up the numbers. you with wonder if the guy next to you will blink or if you are blinking or someone will look like they giving away too much, you have to get
FOX News
Nov 8, 2012 6:00pm EST
about the economy, fiscal cliff. it doesn't look like he will take questions, not a full scale. post election news conference, though. it may be coming soon. >> bret: we'll cover it live on fox. thanks. what is the most pressing issue right now for president? let me know on twitter. follow me. @bretbaier. we kept you well fed with steady diet of polls in the campaign. which ones were right? this which ones were complete junk food? answer is later in the grapevine. up next, trying to wean the economy off massive debt and deficits. [ male announcer ] what are happy kids made of? bikes and balloons, and noodles on spoons. a kite, a breeze, a dunk of grilled cheese. catches and throws, and spaghettio's. a wand, some wings, soup with good things. sidewalks and doodles and wholesome noodles. puddles and pails and yes, puppy dog tails. for a lunch like this, there's a hug and a kiss. because that's what happy kids are made of. campbell's. it's amazing what soup can do. >> bret: one of the most pressing issue for president obama and the lame duck congress is the crushing debt and deficit. th
FOX Business
Nov 7, 2012 7:00pm EST
did -- i mean, president bush more than president obama when it comes to the economy. >> and that is a huge deal. the fact that president bush is still getting blamed for the economy is something that clearly is showing up in those poll numbers. lou: we appreciate it. thank you. great work last night. president obama winning a second term as his party added to its majority in the senate, counting independent democrats could have a caucus of 55 members up from 53. among the most closely watched races, a democrat elizabeth warren beating republican incumbent senator scott brown. and in indiana, the democratic congressman, jim donnelly, defeating richard. in missouri democratic incumbent successfully fought off a challenge by congressman taught a kid who was not able to recover from comments about women's bodies and pregnancies of an absurd nature. well, in virginia democrat tim kane defeated former fellow governor george allen in thh most expensive senate race in the country. more than $82 million spent on the race. in the house republicans retain their majority with at least 2303 seat
ABC
Nov 7, 2012 6:00pm PST
selloff raises new questions about the health of the u.s. economy. >> and the g.o.p. offers an olive branch. the president hoping to >> the second honeymoon is over for president ob yaum yachl the fish credit rating agency warned of a down grade today. the worst one day loss in almost a year, so what do the next four years hold in store for the economy? >> by somest meats, 6s billion was spent on the presidential campaign. now will there be a shot in the arm for the economy?yp" >> the economy is just limping along. there are same leaders at the white house]y:eu, where s the change? >> the big selloff seemed to send a message. ash wagner owns a small business in campbell. >> i know several friends started selling stock this morning. >> what did that tell you?. >> that people are not excited about the future of our economy. >> wagner's company has 14 employees. he hopes to expand next year. he doesn't want to bring new later. means less money left tom"c build more jobs. >> the ceo of a software company is hoping the divide in congress can be bridged. >> this is an opportunity to brin
WHUT
Nov 8, 2012 10:00am EST
to a resurgent economy and to renewed greatness. like so many of you, paul and i have left everything on the field. we have given all our to this campaign. (cheers and applause) i so wish -- i so wish that i had been able to fulfill your hopes to lead the country in a different direction. but the nation chose another leader so ann and i join with you to earnestly pray for him and for this great nation. >> rose: the race revealed america's shifting fault lines. it was a national conversation carried out in a few battleground states. billions of dollars poured into the campaign as both sides sought to define the other as responsible for the country's economic and partisan gridlock. but when it became clear that the long race had ended, both candidates spoke of the need for moving past division. here is what the president said. >> and in the coming weeks and months i am looking forward to reaching out and working with leaders of both parties to meet the challenges we can only solve together. reducing our deficit, reforming our tax code, fixing our immigration system, freeing ourselves fr
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